Capital One Initiates Coverage On MongoDB with Equal-Weight Rating, Announces Price Target of $396
Portfolio Pulse from richadhand@benzinga.com
Capital One analyst Connor Murphy initiates coverage on MongoDB (NASDAQ:MDB) with an Equal-Weight rating and announces a price target of $396.
June 26, 2023 | 10:42 am
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Capital One initiates coverage on MongoDB with an Equal-Weight rating and a price target of $396.
The initiation of coverage by Capital One with an Equal-Weight rating suggests a neutral outlook for MongoDB's stock in the short term. The price target of $396 indicates the analyst's expectation of the stock's fair value, but it does not imply a strong bullish or bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100